Mitsui & Co. (U.S.A.), Inc.

Plan name Mitsui & Co. (U.S.A.), Inc. 401(k) Retirement Plan
Location New York, New York
Asset size $115.0MM
Participants 1,024
Industry Business Services
Participation rate 92%
Average deferral rate 8.0%
# of funds offered 14
Investment review Annually
True-up match Yes
Match vesting period Immediately upon enrollment
Eligibility Immediately upon hire
Default deferral rate 5%
Default investment Retail Target-date Fund (Indexed)
Automatic escalation Opt-out
Systematic withdrawals Yes
Fee equalization Not applicable
Match rate 51%-99% on the first 6% of salary deferrals
% receiving full match >75%
Maximum employer contribution 4%
Financial education:
Saving/Budgeting Yes
Investing strategies Yes
College saving Yes
Credit/Debt management Yes
Tax/Estate planning Yes
Retiree health costs/savings options Yes
Recordkeeper Vanguard
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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